GuShiio.com 1. The three major U.S. stock indexes collectively closed up by more than 1%, with inflation and consumer data driving sentiment to rebound;2. Intel’s Ohio chip factory has been postponed again until 2030 and was initially expected to be put into operation this year;3. Stock prices in many neighboring countries have dropped sharply after releasing financial reports, and the CEO supports the AI strategy;4. The BlackRock model combination has been included in the Bitcoin ETF for the first time.
Cailian News, March 1 (Editor Shi Zhengcheng)Last night and this morning, with key inflation data in line with expectations and consumer spending data falling the largest decline in four years, although the quarrel between Trump and Zelensky at the White House triggered market fluctuations, the three major U.S. stock indexes were ultimately in the end. The market pulled up and closed up, ending a turbulent February trading.
As of Friday’s close, the Standard & Poor’s 500 Index rose 1.59% to 5,954.5 points; the Nasdaq Composite Index rose 1.63% to 18,847.28 points; and the Dow Jones Industrial Average rose 1.39% to 43,840.91 points.
(Daily chart of the S & P 500 Index, source: TradingView)
In the just-concluded February, the S & P 500 index fell by 1.42%, the Nasdaq index fell by 3.97%, and the Dow, which has more prominent safe-haven attributes, fell by 1.58%.
Having experienced firsthand the turmoil that Trump has experienced since taking office for more than a month,Wall Street and global U.S. stock investors have also realized that U.S. stocks are becoming increasingly volatile amid a series of risks such as economic slowdown, geopolitics, trade wars and high valuations.–At the same time, the benefits are hard to expect. The fragile market sentiment may be violently shaken at any time due to a social media post.
As a symbol of surging risk aversion,Ten-year U.S. bond yields continue to fluctuate and weaken by 6 basis points, and have dropped nearly 60 basis points since mid-January。The decline in yields reflects a rise in face prices, and safe-haven funds have continued to buy treasury bonds after Trump took office.
(Ten-year U.S. bond yields, source: TradingView)
Faced with Trump’s capricious and changeable orders, analysts also believe thatIf U.S. stocks are allowed to continue to fluctuate, wait for the Trump Put to be triggered, may be a feasible strategy. This strategy has previously been generally used on Federal Reserve chairmen, meaning that when the market fell too much, the Fed would have to stimulate the economy, driving the stock market to rebound.
In an early warning sign on Friday, the Atlanta Fed’s GDPNow model significantly lowered its forecast for the annualized quarterly GDP rate in the first quarter to-1.5%. This figure was still positive at 2.3% last week.
In Trump,”put options” could mean tax cuts or a sign of support for the stock market.
Bank of America chief investment strategist Michael Hartnett wrote in the report thatThe closing level on November 5 is the first exercise price of the “Trump Put”Below this level, investors currently holding long positions will be very much looking forward to and need policymakers to provide some verbal support to the market.
(Daily chart of the Nasdaq Index, source: TradingView)
Tesla’s market value has increased by as much as $730 billion since November 5, but after hitting a record high on December 17, more than $600 billion has been erased.
Hartnett said earlier this week that the stock market is Trump’s “traffic light that tells him when to move forward and stop.”
Performance of hot stocks
After several consecutive days of decline, U.S. technology giants rebounded. Apple rose 1.91%, Microsoft rose 1.14%, Amazon rose 1.70%, Nvidia rose 3.97%, Google-A rose 1.06%, Tesla rose 3.91%, Meta rose 1.51%, Ultramicro Semiconductor rose 0.35%, Intel rose 2.77%.
China stocks that had previously performed well were adjusted, with the Nasdaq China Golden Dragon Index closing down 1.82% on Friday.
As of the close, Alibaba fell 2.96%, Jingdong fell 1.5%, Baidu fell 2.05%, Pianduo fell 4.2%, Beilai fell 1.74%, NIO fell 3.34%, Netease fell 0.73%, Futu Holdings fell 2.01%, TSMC fell 0.31%, Ideal Car fell 3.73%, and Xiaopeng Automobile fell 3.46%.
company news
[Intel’s Ohio chip factory has been postponed again to 2030 and was originally expected to be put into production this year]
U.S. chip giant Intel announced on Friday that it would further delay the production of a $28 billion chip factory in Ohio to 2030-2031, five years later than originally planned. Naga Chandsekaran, the company’s executive vice president, said that the move would slow down the construction progress but leave the possibility of accelerating it due to “financial responsibility” considerations.
The plant was originally scheduled to be put into operation in 2025, but has been delayed twice due to government subsidies and supply chain issues. The second factory is expected to open in 2032. Currently, the Ohio project has completed an investment of US$3.7 billion.
[Wal-Mart CEO warns: Food prices are causing “frustration and pain” to consumers]
Doug McMillon, CEO of retail giant Wal-Mart, recently warned that pressure on U.S. consumers is growing due to high food prices. “We’re concerned about this, and you can see that the money is spent before the end of the month, and people are buying smaller packages at the end of the month,” McMillon said.
[Amazon competes with Temu/Shein globally: Haul launches expansion in Europe and Mexico]
According to media reports, Amazon has launched a global offensive of value-for-money platform Haul and plans to launch in Europe this year. It has recently begun to deploy the Mexican market. The platform was launched in the United States in November last year with Temu’s low-price model as its core strategy and designed to withstand competitive pressure from emerging discount retailers. The news came from seller consultants and Amazon recruitment announcements.
[BlackRock Model Portfolio Included in Bitcoin ETF for the First Time]
BlackRock, the world’s largest asset management company, has included Bitcoin ETFs in its US$150 billion model portfolio system for the first time. According to the strategy disclosed on February 27, a 1%-2% iShares Bitcoin Trust (IBIT) is allowed to be allocated to a portfolio that holds alternative assets. BlackRock emphasized that the move was aimed at diversifying investment, but clearly warned that allocating more than 2% would significantly increase risk. The current Bitcoin price is about US$83,000, down 25% from last month’s peak.
[Microsoft terminates Skype service in May]
Microsoft announced that it will officially shut down its video communication service Skype in May 2025, and users will need to migrate to Microsoft Teams, an enterprise collaboration tool owned by the same group. Since its founding by the Estonia team in 2003, Skype has reshaped global communications with revolutionary VOIP technology and low international call costs. After Microsoft acquired Skype for $8.5 billion in 2011.
[CEOs from many neighboring countries support AI strategy]
Shares in many neighboring countries fell under pressure after announcing earnings on Friday, and CEO Louis von An emphasized the need for its AI strategy in an interview. Despite market fluctuations, Von An pointed out that the company maintains growth momentum in all regions of the world, with growth rates particularly significant in mature markets. As of Friday’s close, many neighboring countries fell 16.95%.
Louis von Ann explained that currently at a critical juncture in the development of AI technology, the company plans to continue to increase investment in AI until the first half of 2025, focusing on the development of content generation and dialogue interaction capabilities, aiming to optimize content production through technological innovation. Process and reduce operating costs. Von Ahn made it clear that AI investment is the most correct decision at this stage and will benefit from the efficiency improvement brought by this strategy in the long run.
